Vector FY14 Net Profit NZ$171.3M, Down 16.9% on Year

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand-based lines network and gas distributor Vector Ltd. (VCT.NZ) Friday reported a sharply lower net profit as price resets to regulated energy networks weigh on revenue. In the year to June 30, revenue fell ...

Asian Shares Inch Up, All Eyes on Jackson Hole

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

Asia stocks edged higher Friday, with a rally in U.S. stocks setting a positive tone, as investors looked to the forum of global central banker in Jackson Hole, Wyoming. Key among the speeches in Jackson Hole on Friday will be ...

European Stocks Flat Ahead of Euro Zone Economic Data

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Tommy Stubbington European stocks were little changed in early trade Thursday as investors weighed some mixed economic data against a rise on Wall Street. The Stoxx Europe 600 index was flat after French business activity data showed a deeper-than-expected ...

EUROPE MARKETS: European Stocks Shrug Off Mixed PMIs

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- Europe's stock markets showed broad-based gains on Thursday as investors largely ignored a mixed bag of purchasing managers indexes from the region and instead used recent market weakness as a buying opportunity. "Markets ...

Australian Dollar Down After China Data Surprise

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By James Glynn SYDNEY--The Australian dollar fell Thursday after China manufacturing data showed unexpected weakness adding to concerns about its economic strength. The preliminary HSBC China Manufacturing Purchasing Managers Index fell to 50.3 in August compared with a final reading ...

Crop Tour Forecasts Illinois Corn 15% Higher Than 2013 Harvest

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Jesse Newman CORALVILLE, Iowa.--Illinois's corn crop is forecast to vastly outperform last year's harvest, according to an average of survey results collected in the state by scouts on an annual tour through the Midwest. In Illinois, corn yields were ...

MARKET SNAPSHOT: U.S. Stocks Rise, Pushing S&P 500 To Intraday Record

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks advanced Thursday, as the S&P; 500 worked for a fourth straight day of gains and set an intraday record. Reports on existing-home sales and manufacturing topped forecasts, ...

Fed's George Says Time to Think About Rate Hikes

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

NEW YORK--One of the Federal Reserve's most prominent hawks said on Thursday that it is time for the central bank to think seriously about raising short-term interest rates off of their current near-zero% levels. "My objective is not to see ...

U.S. Jobless Claims Fell Last Week To 298K

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Jonathan House and Sarah Portlock WASHINGTON--New applications for unemployment benefits fell back last week to levels last regularly seen eight years ago, the latest sign of an improving labor market. Initial claims for unemployment benefits fell by 14,000 to ...

Mexican Economy Picked Up Steam in Second Quarter

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Anthony Harrup MEXICO CITY--Mexican economic growth accelerated in the second quarter, expanding from the first quarter and from a year before as export demand and private consumption improved. Gross domestic product grew 1.04% seasonally adjusted from the first quarter, ...

CURRENCIES: Dollar Rally Pauses As Investors Watch Fed

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Ben Eisen, MarketWatch , Alexander Martin NEW YORK (MarketWatch) -- The U.S. dollar paused its forceful push higher on Thursday as investors turned their attention toward the Federal Reserve. The greenback has strengthened noticeably against the euro and the ...

Press Release: Philadelphia Fed Survey Reports -2-

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

Inventories 4.8 20.8 66.7 12.5 8.3 0.5 23.3 59.0 12.8 10.5 -------------- --------- -------- ------ -------- --------- --------- -------- ------ -------- --------- Prices Paid 34.7 29.6 65.0 4.7 24.9 38.2 50.3 46.4 0.0 50.3 -------------- --------- -------- ------ -------- --------- ...

BOND REPORT: Treasurys Rise Ahead Of Jackson Hole

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Ben Eisen, MarketWatch NEW YORK (MarketWatch) -- U.S. Treasury prices climbed Thursday as investors placed bets that an economic symposium in Jackson Hole would reaffirm a dovish U.S. monetary policy outlook, putting benchmark yields on track to snap a ...

WTO Panel Decides Against U.S. in Meat-Label Dispute

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

OTTAWA--The U.S. has lost a key round at the World Trade Organization in a trade dispute with Canada and Mexico over meat labeling, according to people familiar with the WTO's findings. Canada and Mexico opposed a new U.S. rule that ...

MARKET SNAPSHOT: U.S. Stocks: S&P 500 Sets Record Close; Dow Regains 17,000

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch)--U.S. stocks advanced Thursday, with the S&P; 500 logging its fourth straight daily gain and closing at a record high. Reports on existing-home sales and manufacturing topped forecasts, and expectations of ...

Fed Debates Early Rate Hikes--Update

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Jon Hilsenrath And Pedro Nicolaci da Costa Federal Reserve officials debated at their July policy meeting whether they might need to raise interest rates sooner than expected in light of a strengthening recovery, but they were restrained by lingering ...